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Search Results 0 to 49 of about 89 (some duplicates have been removed)
of commerce for international trade. always a pleasure to see him. thanks for coming in. >> thank you, david. david: what do you think about all the reports about the china slowdown? >> it is true china is growing less than its peak rate but will still be a very healthy at 7%. the important point, david, if the economy is growing at 7%, consumer spending is growing probably at 30% or so. david: when i hear numbers, as much as you deal with the chinese government you have to be skeptical of these numbers when you hear them, right? >> i think it is very hard to get precision in these numbers but we know there is a lot of good news in the consumer space when yum announces it opened its 4,000th kfc restaurant in china. when starbucks says china will be the second largest market after u.s. when great companies like pepsi and nike are hitting 30% growth rates we know there is a lot of good news in the consumer products sector in china. david: we do know that good news but there is also other news coming out. of course federal express telegraphed that a couple weeks ago when fred smith came out. fe
're in the business of putting local commerce online, doing the same thing for -- that amazon did for products we're doing for local commerce. and we're still in the early innings of that opportunity. local commerce is a $3 trillion market. most local transactions do not involve groupon today. so even if we can get a very small piece of the overall local commerce market, we think we can build a great business over time. we're really focused on what we can do over the long term there. >> you say you're misunderstood by wall street. but specifically here you are launching a new business. is this going to convince wall street that the company's on track? i mean 70% down over a year. >> i think that this product improves the value proposition that we have former chants. we can use payments to help merchants save thousands of dollars a year over what they're paying today. that makes merchants more likely to want to have a lasting, sustained relationship with groupon, and run more deals with groupon. >> i understand tyler back in the studio wants to jump in here. >> mr. mason, given the slide in the va
consumers. if it has an affect on the united states commerce, commerce of the united states, and if this affect is adverse, then following the statute that congress wrote for us, we're supposed to challenge the deal. >> tom: we have european regulators stop u.s. companies from merging a decade ago, ge and honeywell were stopped because of the eu, this year the nyse had to break apart their planned merger. is there a competition among international regulators. >> i think among international regulators or anti-trust enforcement agencies there is much more comedy than competition. so much commerce is global now and the lawsithin the european union and the united states have converged considerably over its last few decades. that for the most part, we usually come to the same conclusions on the same mergers. now there might be some differences when the market shares are different. and the economic effects are different in different geographic markets like the eu and the united states. >> one investigation that has been admitted to gooseel continues to be under review by your agen
for fashion. launching the first contest for commerce sites. joining me now in a fox business exclusive, john hayes, chief marketing officer at american express and carol smith, harper's bazaar publisher and chief revenue officer. i cannot begin to explain how much we appreciate you being here. you must be so busy, what is it like? >> i it is a little crazy. first dead silent on september 3, labor day, nobody is around and the next day all hell breaks loose. but right now it is being directed towards the launch of shop bazaar.com. let's talk about this. >> let's start with the business model. buyers and sellers, bringing them together in unique ways, that is what our business is about. so here we have a great opportunity to give the customers who love fashion and opportunity to be inspired by the content and the access to the items as well. liz: you are known as targeting a more affluent customer. when i look at your magazine it is aspirational as well. how will it be different from what is already out there? a lot of people are used to going to those sites, how will you grab the customers? >
to of commerce secretary joining us on "after the bell" as an economic adviser to mitt romney. he will break down how the presidential candidate plan to create 12 million jobs. david: first, we'll tell you what drove the market with today's data download. a mixed bag with the of only index ending higher, telecom and consumer staples, the top performers, as we mentioned. russell 2000 was also higher. materials was the day's biggest lagger. adelle had been down more than 100 points in earlier trading. gold, do you see what happened? surging two of 5-month high on hopes of more action from global central banks when the print more money, more cash, more currency, the price of gold goes up. the precious metal pushed past $1,700 an ounce before falling ahead of the closed. manufacturing activity dropped for the third month in a row in august falling to 49. weak consumer spending, and the decline of business orders for large machinery. liz: in the pits of the chicago mercantile exchange. they are ready to duke it out in our street fight. let's start with larry at the cme. the first thing i saw this morn
by the energy and commerce committee here in the house. but support for this agenda also requires us to pull the plug on existing programs that simply aren't working. and the department of energy's title 17 loan guarantee program is simply not advancing the ball on an all-of-the-above energy goal. the no more solyndras act, this bill phases out this costly, ineffective and frankly very mismanaged program. the investigation of solyndra uncovered a story worse than anyone could have imagined. it is amazing to me that the administration gave a half billion dollar loan guarantee to a company that its own experts predicted would fail. a company so dysfunctional that it burned through this giant handout and went bankrupt in two years. even worse, when it became clear to the administration that solyndra was in trouble, it chose to double down on the risky bet, gambling even more taxpayer dollars with a desperate loan restructuring instead of trying to cut its losses and move on. solyndra is the most visible but far from the only example of title 17 failures. in fact, it is hard to point to a single
venues. get away from the rallies and talk to, you know, the cincinnati chamber of commerce. he should be -- lou: excuse me? wait a minute, brad, with all do respect, that would be an electric moment in electoral history if he were to move to the chamber of commerce. i respect the judgment mightily, but that one -- >> he needs to speak to serious people at serious venues to talk policy. you don't get that across at a rally or across to the people in a 30 second sound bite. lou: the polls, do they agree on the strengths and weaknesses? do they reveal that? you talk about the seriousness of a moment in which it's captured for free media, but the reality is that there are strengths and weaknesses, it seems, at work here, otherwise, there would be, i suppose, an outright tie between the two. chris, are there stengths that are being revealed here? weaknesses revealed on all of the polls? >> yeah, here's something to keep very much in mind. here's how the electorat looks different in 2008 and 2010 -- lou: i want to be clear, not for the elective, but for the strengths and weaknesses of the t
a silver lining today in some so-so economic news. the commerce department says sales of new homes slipped slightly in august compared to july. but, year over year new home sales were up nearly 28%. the northeast saw the most robust action, but sales dropped in the south. in the midwest builders say consumers are scrambling to build before mortgage rates and land prices increase. diane eastabrook has more. >> reporter: oakley home builders didn't have a buyer when construction started last spring on this three story spec house in tony hinsdale, illinois. >> this is the great room, this is the family room. >> reporter: but builder steve subkowiak says a buyer snatched up the $1.5 million home long before workers painted the walls and began installing fixtures. the new owners move in next month. >> i think a lot of people are looking at interest rates and land costs and saying hey if i wanto buy a new house thiss a great time. >> reporter: with historically low mortgage rates, business is beginning to boom for many home builders. the government says in august americans purchased new
, but now it's taken a step toward capturing some e- commerce. it launched a new service for users to buy and send real gifts called facebook gifts. the presents are from certain vendors, purchased through facebook. shares rallied 6.6%. volume was heavier than usual. while display advertising remains facebook's main source of revenue and the company has been focused on its mobile strategy, analysts say this new e-commerce feature could help diversify facebook's revenue sources. drugstore giant walgreen saw its latest quarterly profits fall from a year ago, hurt by it losing the prescription business of express scripts. same store prescriptn sales got hit, falling almost 13%. it has since resigned express scripts as a pharmacy benefits customer. shares only moved a fraction, but volume was heavy and the stock hit a new 52 week high during the trading session. four of the five most active traded exchange traded products were lower. the s&p 500 volatility note, which usually moves in the opposite director of the index was up 3.1%. and that's tonight's market focus. >> tom: the good times for
can't use it as effectively. >> will we see an e-commerce capability on twitter? >> i think we do see lots of commerce take place every day on twitter. it's particularly interesting in areas with things like perishable inventory like tickets. the game or show starts in x hours. if we don't sell the tickets there is nothing we can do with them. we are paying attention to that and are thinking about ways to participate in the value exchange. we'll see what happens. >> what's your biggest challenge from a revenue perspective? >> our biggest advertising challenge is making sure our revenue reflects is percentage of users that exist -- that use twitter in various countries. we have users all over the world. the user base is growing globally fast. we need to expand our advertising platform globally beyond just a couple countries we are in now. >> you can watch the entire interview including his answers to questions that were tweeted in by our viewers on mediamoney.cnbc.com. >> before we let you go, you talked to him about a myriad of things certainly. you asked whether he was going to go pu
during a debate in michigan. >> it's three agencies that are gone when i get there, it's commerce sand education and -- what's the third one there -- commerce, and education and -- what's the third one? [laughter] >> he blames that on emotional distress. they are claiming that he had a mild case of sleep apnea that resulted in tiredness. >>> "the new york daily news" obtained arnold schwarzenegger's new book. in the week, schwarzenegger says he told his wife, maria shriver, the truth in january of '11. he said he -- was in a counseling session. he said he knew the boy was his. he said this was politically acceptable because he had not campaigned on family values. >>> a flight attendant claiming a lot of ipad has -- a -- claiming an ipad was lost has kept it for herself. she claims she planned it turn it in but police say they found her personal information on it. the owner used an app to help police found that ipad. >>> a gun accidentally went off the philadelphia international airport yesterday but luckily no one was hurt. the tsa says screeners saw a loaded gun inside of a flight att
business. here's the latest. >> that's right. facebook is making its first move into e-commerce. facebook gifts for the first time allows users to buy its first real products on the service, allowing users to buy gifts. facebook gives users the ability to take advantage of millions of users' birthday wishes. users can send gifts privately or publicly, and people receiving gifts can unwrap a virtual preview and open the real gift in person a few days later. this is designed to be easy, make it easy for users to spend money. users can pay right away or add payment details later. facebook does take a cut of all transactions. investors have been on lookout for facebook's crucial move into the revenue stream since the company acquired a mobile gifting app called karma back in may. the fact this is a native mobile appoints to the fact facebook is looking for new ways to make money from its growing mobile user base. though this is a test, maria, once people start inputting their credit cards into facebook, the potential for social commerce seems huge. back over to you. >> thank you, julia. resea
works in real estate, chris who works in advertising and christian who works in e- commerce, following fashion is nothing new. >> i used to read g.q. growing up and that's something that i always wanted to aspire to. >> i follow lots of sites, lots of blogs. >> reporter: the internet has made men's fashion more accessible. fashables.com caters to men and women, it's a blog created by "normalish" people. >> what i try to do is highlight stuff for the average person. what are you going to wear to work. what are you actually going to wear on the weekend. >> reporter: so, where are "normalish" men shopping these days? >> i do like department stores. i like the different selection they have. i like to try new brands. i feel like i can discover new brands better than if i just go to select stores. >> for basic things, it's j.crew and brooks brothers. >> i think i go with mass market. h&m, uniqlo, zara. i'm a big fan of zara. >> reporter: across the board, the numbers show men are shopping. according to n.p.d. group's consumer tracking service, in 2011, sales of menswear climbed 4% to $55 bil
the unemployment will not rise further. also today, the commerce department reported retail sales jumped 0.9% in august. that's the largest increase since february. the gains come as consumers are spending more on cars and gasoline. the report showed that sales at different retailers were mixed and suggested on a modest increase in consumer spending this quarter. today's news comes just a day after the federal reserve stepped in once again to revive the economy, and ben bernanke's promise to help main street. how will main street americans do under q.e.3? joining us to answer that, robert brusca, chief economist at his own firm, fact and opinion economics. hi, bob. >> hi, susie. >> susan: all right, so, chairman bernanke says this latest round of stimulus is a-- to ote his words-- a main street policy. is it really? >> well, i think it has the focus on main street. i think the objective is to help main street. but it doesn't really work to help main street first. it's really going to work by trickle down. it's anything to work through wall street. it's going to work through high-income pe
of that disaffection into votes. next week he'll address the u.s. hispanic chamber of commerce at its annual convention in los angeles. diane eastabrook, "n.b.r.," chicago. >> susie: new estimates are in, >> susie: new estimates are in, and it looks like this year's holiday selling season will be the strongest for retailers since the great recession took hold. shoppertrek sees overall sales rising 3.3%, it bases those numbers on visits to more than 50,000 stores. >> tom: the major stock indices inches higher as investors and traders wait for the federal reserve's announcement tomorrow if it will do anything more to help the economy. the session for the s&p 500 illustrates the back and forth, with prices dipping mid-morning, and late afternoon, before closing with a small gain. it continues hovering around its post-recession high. volume grew slightly. 661 million shares on the big board. 1.7 billion on the nasdaq. not a lot of volatility among the major stock sectors. with the iphone five debt, the telecom services sector was the biggest gainer, up 0.7%. consumer staples was in the biggest loser, down
-owned businesses in india. india's commerce department says the move will help with the slowing economy there. the markets are soaring in america. shows you what a little stimulus can do. if only it was as easy to stimulate the economy of the eurozone. but maybe all that bond-buying is doing some good. that was talked about in a 2-day meeting in cyprus that began friday. let's talk with greg hadley. he's president of the bull & bear institute. in regard to what's been going on in europe, are you bullish or bearish? > > you know what, i'm a little bit of both. if you look at it, the ecb, by buying up the short-term notes of basically the pigs, greece- > > that's a key point, though: they're buying the short-term notes. > > it's the short-term notes, which really has been the problem for these countries, is how do they get the short-term financing to continue their governments? they are looking at it, and basically this is a short-term fix on a long-term problem. the structural problems in the eurozone will continue to exist. in fact, right now greece is asking whether or not they should renego
. especially we want stocks since allergan sales have been stable despite the weakness in global commerce. i think he laid out the story that would take the stock to $100 maybe it is headed there. second we get another one that we have been liking. gill ead. and we know that ubs believes the numbers here are too low. i think they are telling a compelling story about hepc. it might not be done yet. when you get these with the right stuff. you get the parabolic move. cell gene has a great pipeline. the news is good and i think it will be. i think they can make a run at new highs. because the ceo, in bob we trust. you have to be careful not to get swept up. that is true when we are talking about biotech names that can be too risky. presenting at 1:30 p.m. on wednesday. the stock up 100% today. that means no matter how good this one sounds, we never chase on "mad money." the same goes for the former up 95% for you. who says you can't make money in the stock market. these stocks are too hot to handle. they are going to get singed if not burned. does that mean we can't have anything that we don't
have the head of the chamber of commerce and special guests next. ashley: today's winners and losers. ashley: commodities beat equities, bonds and the u.s. dollar public its second consecutive month the longest streak in the year. will the trend continue into september. sandra smith joins us with today's trade. sandra: that is the big question. where's the money going to go the rest of the year? commodities last couple months, is the money going to go into the car for the last two month? >> we will see a rally in commodities especially greens. they have the seasonal cycle will back and traders think a lot of quantitative easing there is no audit on the fed or anything so people think there's money going into the market. sandra: weaker u.s. dollar and higher commodity prices. oil 115 by the end of the year and $9, are these practical forecasts in your opinion? >> on the grain side it is. the job is turning through that hitting an all-time low but as far as oil, 115 is aggressive and you won't see that number without quantitative easing 3. >> precious-metals are heating up. gold has be
Search Results 0 to 49 of about 89 (some duplicates have been removed)